DPIIT is set to organize the Startup India Innovation Week from January 10th to 16th 2022. This week-long virtual innovation celebration aims to commemorate the 75th year of India’s independence ‘Azadi Ka Amrit Mahotsav’ and is designed to showcase the spread and depth of entrepreneurship across India.
India is the third largest startup ecosystem in the world.
Union Minister of Jal Shakti Shri Gajendra Singh Shekhawat announced 3rd National Water Awards-2020. In the Best State category, Uttar Pradesh has been awarded first prize, followed by Rajasthan and Tamil Nadu. The first National Water Award was launched by the Jal Shakti Ministry in 2018.
India with 18% of the world’s population has only 4% of world’s renewable water resources
Chairman KVIC Shri Vinai Kumar Saxena launched the country’s first Mobile Honey Processing Van at Village Sirora in Ghaziabad. This mobile honey processing unit can process up to 300 KG of honey in 8 hours. The van is also equipped with a testing laboratory, that would instantly examine the quality of honey.
Sweet Revolution (Honey Mission/Mithi Kranti) is related to honey production.
Real GDP or GDP at Constant Prices (2011-12) in the year 2021-22 is estimated at ₹147.54 lakh crore, as against the Provisional Estimate of GDP for the year 2020-21 of ₹135.13 lakh crore, released on 31st May 2021. Nominal GDP in the year 2021-22 is estimated at ₹232.15 lakh crore, as against the Provisional Estimate of GDP for the year 2020-21 of ₹197.46 lakh crore.
The First Advance Estimates of GDP was introduced in 2016-17.
The Sports Ministry’s Mission Olympic Cell (MOC) has approved the inclusion of Alpine Skiing athlete Md Arif Khan in the Target Olympic Podium Scheme (TOPS) Core group, until the Winter Olympics, scheduled this February in Beijing, China. Khan will take part in the Winter Olympics in the Slalom and Giant Slalom events.
The first Winter Olympic Games, the 1924 Winter Olympics, were held in Chamonix, France.
By 2030, India is expected to replace Japan as Asia's second-largest economy, surpassing Germany and the United Kingdom to become the world's No. 3 economy, according to IHS Markit. India is currently the world's sixth-largest economy, behind the United States, China, Japan, Germany, and the United Kingdom.
In terms of GDP by purchasing power parity (PPP) basis, India is ranked 3rd in the world
ReNew Energy Global Plc, one of India’s top renewable energy companies said that India Clean Energy Holdings, a Mauritian entity and a wholly owned subsidiary of ReNew, has raised $400 million at 4.5% by issuing senior secured dollar notes in the international market. ReNew is the most active international bond issuer from India, having so far raised $3.5 billion.
The World Bank is a major issuer of green bonds.
The Reserve Bank has increased the threshold for deposits and other funds of non-financial small businesses by 50% to Rs 7.5 crore (from existing 5 cr) for the purpose of maintenance of Liquidity Coverage Ratio (LCR), with the aim to better align its regulations with Basel norms and also enable banks to manage liquidity risks more effectively.
LCR: proportion of highly liquid assets held by banks to meet short term obligations.
Airtel Payments Bank on Thursday announced a collaboration with Park+ to offer FASTag-based smart parking solutions to marquee commercial and residential properties across the country.
The partnership aims to leverage the distribution reach and digital payments stack of Airtel Payments Bank to digitise the parking ecosystem using FASTag associated with the vehicle.
FASTag employs RFID technology for making toll payments while the vehicle is in motion.
HDFC Bank's integration with Central Board of Indirect Taxes and Customs (CBIC) ICEGATE platform has gone live, allowing customers to pay for their customs duty directly via the bank. With this, the bank will offer customers the convenience of directly paying customs duty by selecting HDFC Bank. HDFC Bank said it has facilitated both retail and wholesale payments of customs
HDFC Bank is India's largest private sector bank by assets.
Pakistan on 6 Jan moved closer to appoint the first woman judge of the Supreme Court, after a high-power panel approved the elevation of Lahore High Court judge Ayesha Malik to the apex court.
The Judicial Commission of Pakistan (JCP) – headed by Chief Justice Gulzar Ahmed – approved Malik’s elevation by a majority of five votes against four.
Benazir Bhutto was the first female Prime Minister of Pakistan.
A team of scientists are sailing to "the place in the world that's the hardest to get to" so they can figure out how much and how fast seas will rise because of global warming eating away at Antarctica's ice.
The Florida-sized glacier has gotten the nickname the "doomsday glacier" because of how much ice it has and how much seas could rise if it all melts over the time.
Global mean sea level has risen about 8–9 inches (21–24 centimeters) since 1880.
Bahamian-American actor Sidney Poitier, who won an Academy Award for Best Actor in 1964, has died at the age of 94.
In 1963, Poitier had made a film in Arizona, Lilies of the Field. The performance led to a huge milestone making him the first black winner of a lead-acting Oscar.
He was awarded the US Presidential Medal of Freedom in 2009 by President Obama for his work.
Sea Dragon is a US-led multi-national exercise designed to practice and discuss Anti-submarine warfare tactics to operate together in response to traditional and non-traditional maritime security challenges in the Indo-Pacific region. India and its partners in the Quad along with Canada and South Korea are participating in the multinational exercise Sea Dragon at Guam.